STORY OF THE WEEK
Futureal is building the first digital shopping centre of Budapest

Story of the week

15
Oct
2018

Futureal is building the first digital shopping centre of Budapest

by Ákos Budai
One of the most active commercial property developers of Budapest is expanding its portfolio. In addition to several office projects, it started the Hungarian capital’s first retail development in nearly a decade. Tibor Tatár, Futureal’s CEO talked to Property Forum about new projects and the challenges a developer needs to face.
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Industrial

15
Oct
2018

MLP secures new tenant in Central Poland

by Property Forum
Logistics company PartnersPol Group ordered 22,200 square meters of modern warehouse space in MLP Teresin. The delivery of the finished facility to PartnersPol Group is planned for January 2019. AXI IMMO acted as an intermediary in this transaction.
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Ursus buys 20,000 sqm in WDP’s Buzău industrial park Prologis develops 200,000 sqm of space in CEE LinkCity and Cromwell complete first joint project

Retail

15
Oct
2018

Romanian developer to expand Bacău shopping mall

by Property Forum
Romanian investor Ovidiu Budeanu, the developer and owner of Bacău’s Arena Mall, will invest €20 million in expanding the shopping centre which opened to the public 11 years ago.
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E-commerce won’t kill off retail in the CEE region Ikea to build €50 million retail park in Belgrade Futureal, UniCredit and Erste Group sign loan agreement in Budapest

Investment

15
Oct
2018

WDP buys Cluj logistic park from CTP

by Property Forum
Belgian industrial and logistics developer WDP has acquired the CTPark Cluj I logistic park from CTP. The park, which was delivered last year, is leased by retailer Profi.
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Hong Kong fund and Wigan buy Budapest building Penta plans project next to Prague's main railway station CA Immo buys second Warsaw Spire building

Office

15
Oct
2018

C&W becomes PM of Wrocław office building

by Property Forum
Cushman & Wakefield has been appointed property manager of Sagittarius Business House, an office building in Wrocław. The owner of the facility is Warburg-HIH Invest Real Estate.
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C&W to manage 300,000 sqm Skanska portfolio in Poland Relocating to a new office in 5 steps Bucharest office occupancy costs show huge differences

Hotel

12
Oct
2018

First Novotel hotel signed for Zagreb

by Property Forum
Orbis SA, an exclusive partner of AccorHotels for Eastern Europe, and Rox d.o.o. have signed an agreement on cooperation which will result in the opening of a Novotel hotel in Zagreb in late 2020.
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CEE hotel prices are rising Radisson Hotel Group rebrands Belgrade hotel Orbis Group signs three new hotels in Romania

Report

11
Oct
2018

Is the European property sector ready for a digital transformation?

by Property Forum
On 6 November 2018, Property Technology Forum Europe 2018, a conference and networking event for the proptech industry and real estate professionals from all over Europe will be held in Warsaw. Nearly 200 guests will come together in the Polish capital to discuss the future of the real estate industry and to explore the latest innovations in the profession. The mission of the event is to create a common ground for true collaboration between proptech startups, property professionals and occupiers.
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Global investment in real estate hits record $1.8 trillion CEE investment market sets course for new growth frontiers Willingness to target real estate set to continue

Residential

11
Oct
2018

Poland’s Resi4Rent buys four projects under development

by Property Forum
Echo Investment has signed preliminary sales agreements with Resi4Rent for four projects under development in Warsaw, Wrocław and Łódź for a combined price of €78.6 million (PLN 338.7 million). The four projects - Browary Warszawskie in Warsaw, Wodna in Łódź, Rychtalska and Kępa in Wrocław – will comprise 1,200 apartments altogether.
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Hanner’s Bucharest mixed-use project to be completed by 2020 Chapman Taylor unveils plans for Budapest mixed-use project AFI Europe launches Bucharest residential project

Career

05
Oct
2018

Colliers expands its services in the Czech Republic

by Property Forum
Colliers International Czech Republic has expanded its services with the launch of its Design & Build service line. The new division offers clients a wide and integral range of services directly linked to occupiers’ needs starting with fit-out consultancy, to drawing and planning space plans including the interior designs up to complete realization and turnkey handovers. The services offered under Design & Build are relevant to landlords and new occupiers, as well as to existing ones who wish to redesign existing premises and improve the productivity and retention of their employees. The latest office trends and technology are implemented to create a working environment that both inspires and motivates employees.
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JLL expands its Capital Markets team in Poland Colliers hires new director for Polish business lines Knight Frank opens new office in Budapest

Interview

04
Oct
2018

Knight Frank’s European MD sees room for major growth in Hungary

by Ákos Budai
A new player has entered the advisory market in Hungary and it intends to become a dominant player on the country’s dynamically growing investment market. Chris Bell, Knight Frank’s Managing Director for Europe talked to Property Forum in Budapest about the new office, promising business lines and the effects of new technologies.
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Strong appetite for Hungarian assets but nothing to sell Share deal vs. asset deal – How to choose? Sustainability is an urban issue

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Property Forum is a leading event hub in the CEE real estate industry with nearly 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Milan, Germany, Bucharest, Budapest, Belgrade, Bratislava and Prague.
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